BTC - Cup and Handle formation is formed. Get Ready for 17000
Tom count is currently green 8 on the . Which means we can have 1 more day of bull trend. After that I expect a sideways run up to 2 days, then I expect the bull run to start again. On the weekly chart we are currenly at green 2, if we close this week with green 2, that will be a clear long term sign and we will reach our target 17000 in a few weeks.
Please keep in mind that this is a long term analysis.
Here is my trading idea:
Long at: 11400
Take profit at: 17000
Stop Loss: 9900